Physician Groups
Your Building Is Probably Your Most Valuable Asset. Put It to Work.
In real estate and beyond, Montecito takes care of physicians. Our deep expertise in medical real estate drives growth by enabling our partners to strategically monetize assets, invest along side us to build wealth, and improve practice group succession planning and operations.
What We Hear
“The System Is Stacked Against Us.”
Reimbursement is tightening, costs are rising, consolidation is accelerating, and the capital to compete is sitting in the walls of your medical office building. Senior partners want their equity out. Younger physicians cannot afford to buy in.
Let Montecito be your Chief Growth Officer
Physician groups need a partner focused on their success, not a buyer shopping for assets. Montecito has built that partnership with dominate medical provider groups nationwide.
Two Ways Montecito Helps Physician Groups Grow
Keep Ownership, Solve Succession
Through the Provider Real Estate Partnership (PREP), selling physicians can opt to keep up to a 49% stake in the building, tax-deferred, with distributions during the hold and a second bite of the apple when the asset sells later. Retiring partners take their equity off the table; incoming physicians buy in at a basis they set.
Physicians have invested $122M+ through PREP.
Know Where and How to Grow
The most sophisticated and proprietary site selection platform on the market.
What to Expect When You Work With Montecito
Step 01
A Growth Conversation First
Where you are adding providers and locations over the next three to five years, with a complimentary North Star Growth Assessment of your market.
Step 02
Fair Market Pricing and a Letter of Intent
Price and lease terms together, with co-investment on the table for every physician who wants it.
Step 03
Due Diligence, PSA, and Closing
Often within 60 days of a signed LOI.
Step 04
A Long-Term Partner. Long After Closing
Our commitment extends well beyond the sale, providing you with a dedicated asset manager and powerful market intelligence through our SmartMOB dashboards.
What Physician Groups Say
We were able to maximize our return on the building by selling to Montecito Medical and to do so where we were able to re-invest back into the new entity buying it. It was important to many of our physicians to continue to have some level of ownership in the properties where they practice.
Richard Panek
Chip and the staff of Montecito were fantastic to work with and very professional in helping us come to resolution of a difficult problem. This interaction led me to explore working with them further.
Bruce Cohen, MD
Let’s Talk About Your Practice’s Growth.
One conversation changes how you see your building.
Our Trusted Partners
Long-term relationships with leading physician groups across 40 states.
